ECONOMY

Weak interest, new year-lows for 12 shares

Investors’ interest in Greek shares remained subdued yesterday, reflected in low turnover and a narrow band of price fluctuations. The Athens Stock Exchange (ASE) general index slid 0.28 percent, closing at 2,885.62 points. The blue chip FTSE/ASE-20 index dropped 0.28 percent to 1,606.17 points, mid-caps shed 0.15 percent and small-caps fell 0.12 percent. A number of blue chips resisted the gloom and advanced, such as Hellenic Petroleum (1.25 percent) and Coca-Cola HBC (0.67 percent), but others were less resilient, such as Intracom (down 2.03 percent), CosmOTE (1.41 percent) and Alpha Bank (1.36 percent) The 18 sectoral indices were evenly split into gainers and losers. Textiles outperformed with gains of 1.75 percent, while printing and publishing lost the most, ending 1.32 percent lower. Flexopack was the only share to rise to a year-high, 1.36 percent to 4.48 euros, while 12 shares, Fitco, Micromedia, Nexus, Yalco, Aspis Bank, Kloukinas-Lappas, Naoussa Spinning Mills, Cor-fil, Mouzakis, Sidenor, Ygeia and Fintexport, fell to year-lows. Decliners outnumbered advancers 158 to 97, while 72 share prices remained unchanged on 327 traded. Turnover rose to 99.8 million euros. The most marketable securities were OPAP and banks Eurobank, National and Alpha.